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Zulu Lithium and Tantalum update
Zulu Lithium and Tantalum update.
About this update from Premier African Minerals Ltd.
[{"type":"text","content":"\n \nRNS Number : 8004E Premier African Minerals Limited 21 July 2016 \n\nPremier African Minerals Limited / Ticker: PREM / Index: AIM / Sector: Mining\n \nPremier African Minerals Limited \n (\"Premier\" or the \"Company\")\nZulu Lithium and Tantalum update\n \nSummary\nPremier African Minerals Limited, the AIM-traded, multi-commodity mining and natural resource development company focused on Southern and Western Africa, is pleased to provide this update in regard to process development at Zulu Lithium and Tantalum project (Zulu) located at Fort Rixon in Zimbabwe. \n \nHighlights\n· Excellent correlation between historic and current exploration programs confirms potential for massive lithium rich mineralisation. \n \nGeorge Roach, CEO, commented: \n\"Recently completed 3D modelling of the Zulu pegmatite indicates a direct correlation of both historic data from Rhodesian Selection Trust (RST) with surface and drilling results from Premier's more recent exploration activities. RST suggested a mineralised ore body over some 460 meters and to a depth of some 50 meters. Premier's exploration on surface has extended the strike of the pegmatite to 3,500 meters and in limited drilling to test depth extension, has indicated continuity to 200 meters. This represents a seven times increase on strike and a four times increase in depth and potentially increases RST's exploration target most substantially. The ore body remains open on strike and depth. The Company's new exploration programme at Zulu is expected to commence shortly and will test the strike extensions to a limited depth and focus on establishing an initial code-compliant resource for Zulu. Bulk samples for flowsheet development are already at the laboratory and our intention is to target production of a saleable bulk concentrate in as low a capex operation as possible.\"\n \nAbout Zulu\nZulu is regarded generally as potentially the largest undeveloped lithium bearing pegmatite in Zimbabwe. Zulu was first pegged in 1955 and intensely explored until the early 1960s. Minor petalite produ...